Financial
Distress signals
Property profile

1960 Diamond Hl Rd Chesapeake, VA 23324

OFF-MARKET
Warehouses
Property ID
US87-3981891
266,400 SF 12.1 ac lot Built 1974
Last sale Feb 2024 · $73,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A industrial property, located at 1960 Diamond Hill Rd, offers 200,210 square feet of versatile space ideal for manufacturing, warehousing, distribution, or R&D. The building boasts a 27-foot ceiling height, 15 loading docks (including 12 dock-high doors and 3 drive-ins), and ample space for trailer storage. The property features approximately 5,577 square feet of office space and benefits from rail potential via a private Norfolk Southern spur. An ESFR sprinkler system (currently…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$129k
Tax billed · 2019
Assessed value · 2023$16.51M
Assessed land$1.21M
Assessed improvement$15.30M
Effective rate0.78%

Value estimate

· Sep 2026
$73.50M
$66.15M – $80.85M
AI approach$73.50M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$91 – $189

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MULTI: MULTIPLE ZONING
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency45.3
Law Firm33.1
Dental Office30.9

Location

1960 Diamond Hl Rd Chesapeake, VA 23324-3077
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Dexter W, Chesapeake, VA 23324-3071 $16,578,000 Jan 2025 152,180 SF
1920 Campostella, Chesapeake, VA 23324-2929 $73,500,000 Feb 2024 228,040 SF
1910 Campostella, Chesapeake, VA 23324-2929 $73,500,000 Feb 2024 151,250 SF
1317 Halifax, Chesapeake, VA 23324-1373 $7,361,000 May 2023 194,926 SF
835 Wilson, Chesapeake, VA 23324-2650 $2,400,000 Mar 2021 77,483 SF
1559 Poindexter, Chesapeake, VA 23324-2467 $3,724,990 Feb 2020 88,550 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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